Cornerstone Total Return Fund
61 hedge funds and large institutions have $76M invested in Cornerstone Total Return Fund in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 2 closing their positions.
900% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 2
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
42% more funds holding
Funds holding: 43 → 61 (+18)
1.54% more ownership
Funds ownership: 9.13% → 10.66% (+1.5%)
3% more capital invested
Capital invested by funds: $73.5M → $76M (+$2.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.86M |
| 2 |
SC
Sculptor Capital
New York
|
+$1.79M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$869K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$696K |
| 5 |
Morgan Stanley
New York
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.73M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$334K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$323K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$300K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$254K |
CRF Hedge Fund Activity: Q4 2023 in Review
61 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cornerstone Total Return Fund (CRF) for Q4 2023, worth a combined $76M — up 3.3% from $73.5M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CRF positions and 2 closed out — a net gain of 18 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $2.86M. The largest seller was Sit Investment Associates, cutting an estimated $5.73M.
- 61 institutional investors held Cornerstone Total Return Fund (CRF) as of Q4 2023, up from 43 in Q3 2023.
- Funds reported $76M of Cornerstone Total Return Fund stock for Q4 2023, up 3.3% quarter-over-quarter.
- 20 funds opened new Cornerstone Total Return Fund positions in Q4 2023 and 2 closed out, a net change of +18 holders.
- The largest Cornerstone Total Return Fund buyer in Q4 2023 was Thomas J. Herzfeld Advisors, an estimated $2.86M added.
- The largest Cornerstone Total Return Fund seller in Q4 2023 was Sit Investment Associates, an estimated $5.73M sold.
Based on aggregated 13F filings for Q4 2023.